Investment property of the month – Beaufort Park

We’re delighted to introduce an exciting new feature, a monthly blog series in which we showcase a unique property investment opportunity in the capital.

We’ve just spotted this great deal with a leading London agent. A brand new off plan elite specification one-bedroom apartment at Beaufort Park by award-winning developer St George is being offered at £359,950. The vendor is motivated to sell and is open to accepting offers around £349,950, which is the original price agreed with the developer. Time is of the essence as completion is expected in Q42018; this presents a fantastic opportunity for a prospective buyer who is in a position to proceed quickly.

Priced to sell, we’re expecting a huge amount of interest for this particular property that comes with a private terrace and a parking space- a big premium at this sought-after development that offers a high standard of accommodation with a truly international feel.

Situated on the second floor at Capri Apartments, the stylish and contemporary apartment benefits from a superior specification with custom designed fitted kitchen, integrated appliances, home audio system and video entry.

The development offers a host of on-site lifestyle facilities which are a big draw for residents including gym, swimming pool, spa, Jacuzzi, landscaped communal gardens, on-site cafe, pub, restaurants and a Tesco Express convenience store.

Investment potential

Similar one-bedroom apartments at Beaufort Park are being marketed at over £410,000, so this 14% discount really represents outstanding value. The opportunity to purchase this apartment at an excellent price is even more appealing when you consider that sales prices have performed strongly since the first phase was launched in 2008.

Our Beaufort Park branch has been letting homes at the development since 2010 and we take pride in being the only lettings agency based on-site. Apartments are extremely popular with City professionals and students at nearby Middlesex University. Landlords are currently achieving yields of 4-5%, significantly higher than London averages. Many of our landlords live overseas and rely on our local presence and end- to-end management service. To know more, please view our Landlords guide.

If this property is of interest, we would advise you to get in touch quickly.